Form 990 for tax year 2024
Filed by FOUNDATION OF TRUSTEES FOR THE FAMILY LEARNING CENTER.
Totals
- Total revenue
- $1,804,151
- Total expenses
- $1,879,155
- Contributions and grants received
- $659,590
- Grants paid
- $0
- Program service revenue
- $1,135,085
- Investment income
- $8,619
- Other revenue
- $857
- Total assets, end of year
- $399,757
- Total liabilities, end of year
- $9,066
- Net assets or fund balances, end of year
- $390,691
- Program services expenses (Part IX)
- $1,561,504
- Management and general expenses
- $317,453
- Fundraising expenses
- $198
- Program service expenses (Part III)
- $1,561,504
Program services were 83.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$264
-
1e · Government grants (contributions)
$593,777
-
1f · All other contributions, gifts and grants
$65,549
-
2a · Program service revenue: Tuition
total $1,135,085 · related or exempt $1,135,085
-
3 · Investment income
total $8,619 · related or exempt $8,619
-
8a · Fundraising events: contributions included on line 1c
$264
-
8c · Net income from fundraising events
total $0
-
11a · Other revenue: Miscellaneous revenue
total $857 · related or exempt $857
-
11e · Other revenue, total
$857
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $90,637 · program services $77,041 · management and general $13,596
-
7 · Other salaries and wages
total $1,192,779 · program services $1,013,862 · management and general $178,917
-
9 · Other employee benefits
total $29,398 · program services $24,988 · management and general $4,410
-
10 · Payroll taxes
total $115,020 · program services $97,767 · management and general $17,253
-
11c · Fees: accounting
total $19,811 · management and general $19,811
-
11g · Fees: other
total $36,471 · management and general $36,471
-
12 · Advertising and promotion
total $1,318 · program services $1,120 · fundraising $198
-
13 · Office expenses
total $9,287 · management and general $9,287
-
14 · Information technology
total $6,135 · program services $920 · management and general $5,215
-
16 · Occupancy
total $216,843 · program services $195,159 · management and general $21,684
-
22 · Depreciation, depletion and amortization
total $4,361 · program services $3,925 · management and general $436
-
23 · Insurance
total $37,309 · program services $31,713 · management and general $5,596
-
24a · Other expenses: Operating expenses
total $115,009 · program services $115,009
-
24b · Other expenses: Other Fees
total $4,777 · management and general $4,777
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $256,634 · end of year $286,536
-
2 · Savings and temporary cash investments
beginning of year $1,281 · end of year $1,283
-
4 · Accounts receivable
beginning of year $15,381 · end of year $500
-
10a · Land, buildings and equipment: cost or other basis
$128,487
-
10b · Land, buildings and equipment: accumulated depreciation
$88,344
-
10c · Land, buildings and equipment, net
beginning of year $44,504 · end of year $40,143
-
11 · Investments: publicly traded securities
beginning of year $9,218 · end of year $15,696
-
14 · Intangible assets
beginning of year $138,997 · end of year $55,599
-
17 · Accounts payable and accrued expenses
beginning of year $1,410 · end of year $9,066
-
27 · Net assets without donor restrictions
beginning of year $325,608 · end of year $335,092
-
28 · Net assets with donor restrictions
beginning of year $138,997 · end of year $55,599
Mission and programs · 2024
Mission
We provide high quality education and child care to all families in Eagle County for children 8 weeks to 6 years old.
-
Achieved quality learning experience and care for approximately 120 children with about 80% receiving tuition assistance and a 45% minority student ratio.
Expenses $1,561,504
As filed on the 2024 return.
Listed in Part VII
-
Whitney Young
Executive Director
- Total calculated
- $90,637
- From this org
- $90,637
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Marilyn Brock
Director
- Total calculated
- $0
- Hours/week
- 1
-
Grant Smith
Director
- Total calculated
- $0
- Hours/week
- 1
-
Kelly McCracken
Secretary
- Total calculated
- $0
- Hours/week
- 1
-
Sara Pylman
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sally Walsh
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sally Polly
President
- Total calculated
- $0
- Hours/week
- 1
-
Carrie Labbe
Director
- Total calculated
- $0
- Hours/week
- 1
-
Sarah Robinson
Director
- Total calculated
- $0
- Hours/week
- 1
-
Tim Lybarger
Director
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 August 2025
- IRS schema version
- 2024v5.2
- Source object
- 202522239349302532
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